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The Independent UK
The Independent UK
National
Randall Chase

Clock ticking for Haslam family to sell stake in Pilot truck stops to Berkshire Hathaway this year

Copyright 2022 The Associated Press. All rights reserved.

Following the settlement of a lawsuit pitting Cleveland Browns owner Jimmy Haslam against fellow billionaire Warren Buffett’s Berkshire Hathaway, the clock is ticking for the Haslam family to decide whether to sell its remaining stake in the Pilot truck stop chain to Berkshire.

Attorneys told a Delaware judge last week that they were prepared for a two-day trial starting Monday in a high-stakes dispute over accounting practices at Pilot Travel Centers LLC. Late Saturday, however, the judge entered an order indicating that the trial had been canceled.

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